Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is One of the Greatest Market Threats in 2018
by
AVAMONEY
on 10/12/2017, 18:33:26 UTC
Of course the banking industry will see bitcoin as one of the greatest threat for their sector. Considering how much are they loosing everyday because of Bitcoin. Many of their depositors are removing funds from them and are investing into bitcoin which they can't control.
Of course the main thing is that they are worried about losing their investors' assets. With the potential investments in bitcoin that can earn much profit in a relatively short time, in this case the Bank is certainly in a depressed position.
Banks do not have the capacity to make corrections or interventions, because bitcoins have decentralized systems. Some of them have tried to thwart the development of bitcoin, but in the end still fail.